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Kiran Mazumdar-Shaw appointed Chairperson of IIM-B board of governors

PTI Bangalore | Updated on February 19, 2014 Published on February 19, 2014

Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon Ltd, will be the first woman chairperson of any IIM board.

Indian Institute of Management-Bangalore (IIM-B) has appointed Kiran Mazumdar-Shaw as the Chairperson of its board of governors.

At the meeting of the board of governors on February 11, the Chairperson, Mukesh D. Ambani, expressed his decision to step down, IIM-B said in a release.

The board, accordingly, appointed Kiran Mazumdar-Shaw as the Chairperson of the IIM-B board of governors with effect from February 11, it added.

“Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon Ltd, has been a member of the IIM-B board for the past several years. She is the first woman chairperson of any IIM board”, it said.

She takes over from Mukesh D. Ambani, who has been the Chairman of the board for the last eight years. The Ministry of HRD has notified this change, it added.

Published on February 19, 2014
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